Vietnam’s 2022 CPI rises 3.15%, retail sales up 19.8%
Vietnam's consumer price index (CPI) in 2022 increased 3.15% year-on-year while retail sales of goods and services rose 19.8%, according to the General Statistics Office.
The year’s core inflation went up 2.59% year-on-year, showing that changes in consumer prices have been driven mainly by food, petrol, oil, and gas prices, GSO head Nguyen Thi Huong told a press briefing in Hanoi
The Vietnamese economy has recovered in 2022 from the pandemic-hit year of 2021, with a growth rate of 8.02%, the highest in 12 years.
The GSO said domestic petrol and oil prices have been adjusted 34 times, increasing 28.01% from a year earlier, while gas prices were up 11.49%. Rice prices have fluctuated in line with export prices and market demand to go up 1.22% from 2021. Foodstuff prices increased by 1.62%. Besides, housing and construction material prices climbed up 3.11%.
On the contrary, pork prices reduced 10.68%, house rents went down 1.83% in the whole year due to the pandemic in the first months of 2022, and prices of postal and telecommunications services shrank by 0.37% as a result of lower mobile phone prices.

Petrol and oil prices have been adjusted more than 30 times in 2022 in Vietnam. Photo courtesy of the government's portal.
According to the GSO, domestic gold prices have seen mixed changes in line with the global market, rising 5.75% this year. Prices of the U.S. dollar against the Vietnamese dong hiked 2.09% from last year.
GSO chief Huong told the press briefing that the government, during the year, has ordered ministries, state agencies, sectors, and localities to issue many timely policies and implement concerted measures to minimize adverse inflationary impacts on socio-economic development.
Vietnam's retail sales of goods and services this year rose 19.8% to almost VND5,680 trillion ($240.2 billion). The value is 15% higher than that in 2019, a pre-pandemic year. Sales in December rose 17.1% from a year earlier.
- Read More
Vietnam, Japan see 'strong collaboration prospects in developing green, eco-friendly products'
Vietnam and Japan have vast potential for cooperation in the development of green and environmentally friendly products, said general secretary of the ASEAN-Japan Center (AJC) Kunihiko Hirabayashi.
Economy - Wed, June 4, 2025 | 12:16 pm GMT+7
Quynh Lap LNG-fired power project in central Vietnam seeks in-principle approval
The $2.15 billion Quynh Lap LNG-fired power project, located in Nghe An province, is drawing significant interest from both international and domestic investors.
Energy - Wed, June 4, 2025 | 9:28 am GMT+7
Indonesia's coal exports dip on weak demand
Indonesia's coal exports dropped 6.43% to 160 million tons during January-April, according to the Energy and Mineral Resources Ministry.
Southeast Asia - Wed, June 4, 2025 | 8:48 am GMT+7
Vietnam's benchmark VN-Index may reach 1,500 points: analyst
The current valuation of the Vietnamese stock market is quite attractive, and the VN-Index may return to its historical peak of 1,500 points by the end of this year, says Phan Dung Khanh, director of investment advisory at Maybank Investment Bank.
Finance - Wed, June 4, 2025 | 8:38 am GMT+7
Vietnam's agro-forestry-fishery export tops $28 billion in 5 months
Vietnam shipped $6.28 billion worth of agro-forestry-fishery products abroad in May, propelling the cumulative total for the first five months of the year to $28.04 billion, a year-on-year increase of 19.6% and 15.1%, respectively.
Companies - Wed, June 4, 2025 | 8:08 am GMT+7
Brewing change: Carlsberg Vietnam walks the talk on World Environment Day
On a bright morning in Phuoc Tinh commune, Long Dat district, Ba Ria-Vung Tau province, about 200 volunteers from Carlsberg Vietnam, including employees, senior leaders, and their families, rolled up their sleeves for a meaningful coastal clean-up.
Companies - Wed, June 4, 2025 | 8:00 am GMT+7
Vietnam plans to spend over $2 bln on US agri imports
Vietnam’s Ministry of Agriculture and Environment is expected to sign MoUs to purchase over $2 billion worth of U.S. agricultural, forestry, and fishery products.
Economy - Tue, June 3, 2025 | 10:01 pm GMT+7
New flight route to help Danang attract more wealthy tourists from Middle East
The new Dubai-Danang flight route has been launched, paving the way for an influx of high-spending travelers from the Middle East and Europe to the central Vietnam city, one of the country's top tourist attractions.
Companies - Tue, June 3, 2025 | 9:13 pm GMT+7
Food giant C.P. Vietnam’s 'diseased' pigs improperly quarantine-stamped: authorities
The widely circulated images of diseased pigs from C.P. Vietnam, a subsidiary of Thailand’s food giant Charoen Pokphand Foods Public Company Limited (CPF), date back to 2022, but the pigs were improperly stamped, Vietnamese authorities stated on Tuesday.
Companies - Tue, June 3, 2025 | 5:36 pm GMT+7
Son Hai Group proposes expanding 263km stretch of Vietnam's North-South Expressway
Vietnam’s Son Hai Group is seeking Prime Minister Pham Minh Chinh's approval to invest in the expansion of a 263-kilometer stretch of the eastern section of the North-South Expressway.
Infrastructure - Tue, June 3, 2025 | 3:53 pm GMT+7
FedEx establishes direct serve in Vietnam on surging demand
FedEx Express Corporation, one of the world’s largest express transportation companies, has transitioned to a direct-serve presence in Vietnam amid the Southeast Asian country’s growing international shipping demand.
Industries - Tue, June 3, 2025 | 2:55 pm GMT+7
Vietnam’s steel giant Hoa Phat to deliver thousands of containers to domestic shipping lines
Vietnam’s largest steelmaker, Hoa Phat Group, will supply thousands of containers to VIMC Container Transport JSC (VIMC Lines) and Vinafco Shipping JSC under recently signed contracts.
Companies - Tue, June 3, 2025 | 12:16 pm GMT+7
Shinhan Bank receives 'Fastest growing SME bank Vietnam 2025' award
South Korea’s Shinhan Bank Vietnam Limited has been named the “Fastest Growing SME Bank Vietnam 2025” by World Economic Magazine (UK).
Companies - Tue, June 3, 2025 | 10:19 am GMT+7
Vietnam’s ‘shrimp king' Minh Phu expects to return to profit in 2025
Minh Phu Seafood Corporation (UPCoM: MPC), Vietnam’s leading shrimp exporter, expects net profit to reach VND997 billion ($38.03 million) this year, reversing the loss in 2024.
Companies - Tue, June 3, 2025 | 8:38 am GMT+7
CMC Corporation breaks ground on $300 mln technology hub in Hanoi
Vietnam's leading technology firm CMC Corporation on Monday broke ground on its $300 million Hanoi CMC Creative Space (CCS Hanoi) project.
Industries - Mon, June 2, 2025 | 11:19 pm GMT+7
Thailand’s industrial output up after 9-month decline
Thailand’s industrial output has turned positive for the first time in nine months, with the automotive sector rebounding after a 21-month slump, said Thai Deputy Finance Minister Paopoom Rojanasakul.
Southeast Asia - Mon, June 2, 2025 | 10:48 pm GMT+7